Bassett Furniture Industries Stock Beta
| BSET Stock | USD 15.27 0.33 2.21% |
Bassett Furniture Industries fundamentals help investors to digest information that contributes to Bassett Furniture's financial success or failures. It also enables traders to predict the movement of Bassett Stock. The fundamental analysis module provides a way to measure Bassett Furniture's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bassett Furniture stock.
Bassett | Beta |
Bassett Furniture Industries Company Beta Analysis
Bassett Furniture's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Bassett Furniture Beta | 1.66 |
Most of Bassett Furniture's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bassett Furniture Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bassett Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Bassett Furniture is extremely important. It helps to project a fair market value of Bassett Stock properly, considering its historical fundamentals such as Beta. Since Bassett Furniture's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bassett Furniture's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bassett Furniture's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Bassett Furniture Industries has a Beta of 1.658. This is 97.38% higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Bassett Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bassett Furniture's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bassett Furniture could also be used in its relative valuation, which is a method of valuing Bassett Furniture by comparing valuation metrics of similar companies.Bassett Furniture is currently under evaluation in beta category among its peers.
Bassett Furniture ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bassett Furniture's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bassett Furniture's managers, analysts, and investors.Environmental | Governance | Social |
Bassett Furniture Institutional Holders
Institutional Holdings refers to the ownership stake in Bassett Furniture that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bassett Furniture's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bassett Furniture's value.| Shares | Geode Capital Management, Llc | 2024-09-30 | 85.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 76.6 K | Bridgeway Capital Management, Llc | 2024-09-30 | 66.8 K | American Century Companies Inc | 2024-09-30 | 62 K | Beacon Investment Advisors Llc | 2024-09-30 | 43.2 K | Susquehanna International Group, Llp | 2024-06-30 | 38.6 K | Aristides Capital Llc | 2024-09-30 | 37.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 32.5 K | State Street Corp | 2024-06-30 | 30.6 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 699.3 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 570.5 K |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bassett Furniture will likely underperform.
Bassett Fundamentals
| Return On Equity | -0.0961 | ||||
| Return On Asset | -0.0177 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 182.04 M | ||||
| Shares Outstanding | 8.8 M | ||||
| Shares Owned By Insiders | 7.66 % | ||||
| Shares Owned By Institutions | 49.68 % | ||||
| Number Of Shares Shorted | 46.2 K | ||||
| Price To Earning | 5.88 X | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 0.39 X | ||||
| Revenue | 390.14 M | ||||
| Gross Profit | 248.34 M | ||||
| EBITDA | (3.13 M) | ||||
| Net Income | (3.17 M) | ||||
| Cash And Equivalents | 84.58 M | ||||
| Cash Per Share | 9.24 X | ||||
| Total Debt | 116.18 M | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.94 X | ||||
| Book Value Per Share | 18.89 X | ||||
| Cash Flow From Operations | 18.72 M | ||||
| Short Ratio | 3.16 X | ||||
| Earnings Per Share | (1.95) X | ||||
| Price To Earnings To Growth | 1.19 X | ||||
| Target Price | 19.0 | ||||
| Number Of Employees | 1.39 K | ||||
| Beta | 1.66 | ||||
| Market Capitalization | 134.39 M | ||||
| Total Asset | 370.42 M | ||||
| Retained Earnings | 139.35 M | ||||
| Working Capital | 80.06 M | ||||
| Current Asset | 140.57 M | ||||
| Current Liabilities | 77.01 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.02 % | ||||
| Net Asset | 370.42 M | ||||
| Last Dividend Paid | 0.74 |
About Bassett Furniture Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bassett Furniture Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bassett Furniture using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bassett Furniture Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Bassett Stock Analysis
When running Bassett Furniture's price analysis, check to measure Bassett Furniture's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bassett Furniture is operating at the current time. Most of Bassett Furniture's value examination focuses on studying past and present price action to predict the probability of Bassett Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bassett Furniture's price. Additionally, you may evaluate how the addition of Bassett Furniture to your portfolios can decrease your overall portfolio volatility.